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Bell Potter LIC Weekly: MFF To Issue Bonus Options

Bell Potter analyst William Gormly updates developments in the LIC market where the Board of MFF Capital Investments has announced the progression of a 1:5 pro rata non-renounceable bonus issue of options.

Further to a discussion contained in the recent annual report, the Board of MFF Capital Investments (MFF) has today announced the progression of a 1:5 pro rata non-renounceable bonus issue of options. The $2.60 strike options will be issued at nil consideration and are expected to be quoted on the ASX under code “MFFOA”.(Continued in report)

Bell Potter’s Indicative NTA tracks the ‘indicative’ movement of a LIC’s underlying NTA each month by monitoring the percentage movements of the disclosed holdings and using an index to track the movement of the remaining positions. The Indicative NTA works best with

For full details refer to the detailed report below or click here to download your copy.

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